Index Trend Analysis Report
Prepared for you on Friday, January 22, 2021.
TOPIX Banks (GIF:C615)
Weak Uptrend (+65) - C615 is showing signs of weakening momentum to the upside. Monitor C615 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid C615?
MarketClub looks at technical strength and momentum to determine if the timing is right for C615.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C615
The long-term trend has been UP since Sep 2nd, 2020 at 137.95
The intermediate-term trend has been UP since Jan 6th, 2021 at 125.97
The short-term trend has been DOWN since Jan 17th, 2021 at 132.31
Smart Scan Analysis for C615
Based on our trend formula, C615 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).